About Us

A New Standard in

Pharmaceutical Destrution

Monarch Waste Technologies provides specialized destruction solutions for industries where compliance, security, and accountability are essential. Our PyroMed™ pyrolysis technology, combined with documented receiving and processing procedures, provides customers with a secure and responsible approach to managing challenging waste streams from receipt through final destruction.

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The Regulatory Reality

The Problem

We Solve

Pharmaceutical waste disposal is one of the most heavily regulated areas of environmental

The Industry Needed a Safer Solution

Traditional medical waste incineration has long created environmental, operational, and compliance challenges. Rising transportation costs, emissions concerns, and stricter environmental regulations have exposed the limitations of outdated disposal systems.

With thousands of incinerators forced to close under Clean Air Act regulations, the industry faced a critical need for a cleaner and more sustainable alternative.

Monarch stepped in to redefine the future of waste destruction.

Waste Streams Accepted

Company Journey

PyroMed™ is permitted and engineered to accept every category of pharmaceutical waste. No other non-incineration technology can make that claim.

2010–2013

We identified a clear market gap: a clean, safe alternative to incineration.

After rigorously analyzing market trends, proven technologies, and regulations, we acquired the
best available pyrolysis technology and went capital-at-risk to build and commission our first
full-scale commercial facility in New Mexico.

2014–2016

We fully adapted the UK technology to U.S. standards—specifically meeting EPA requirements for destroying medical, pharmaceutical, and hazardous waste—and began fabricating the first commercial system. A five-year lease with the Nambe Tribe in New Mexico was executed to house the first unit.

2017–2020

We completed fabrication and installation of the first system and underwent 24 months of rigorous EPA and DOE testing, successfully passing all stack-testing parameters and receiving authorization to commence 24/5 operations.

After four years of collaboration with federal agencies, in June 2019 the DOE report confirmed the technology is not combustion, enabling us to secure an EPA determination that “the PyroMed™ is not an incinerator...” and is therefore exempt from incineration standards.

2021–2025 | Expansion

We continued to refine the technology to develop and commission two additional facilities in North Dakota, and Alabama. Today the Alabama plant continues to expand with a new 30,000 sq ft building and additional systems, while our active development efforts are advancing further expansion in other states to scale the technology nationwide.

The PyroMed™ Process

Proprietary Pyrolysis

Technology

Monarch Waste Technologies owns and controls the intellectual property, engineering systems, and operational expertise behind our advanced pyrolysis solutions.

Non-Incineration Process

EPA-Tested Systems

DEO-Validated Technology

Microsite Deployment Model

Advanced Environmental Controls

EPA-Tested Systems

Microsite Deployment Model

Scalable Infrastructure

Our

Mission

At Monarch Waste Technologies, our mission is to transform pharmaceutical and medical waste disposal through advanced non-incineration pyrolysis technology. We are committed to providing safe, environmentally responsible, utilizing the most technicality and scientifically advanced waste destruction solutions to reduce transportation costs, improve compliance, and deliver a more sustainable alternative to traditional incineration methods.

Our

Vision

Our vision is to create a global network of localized “microsite” waste destruction facilities that redefine the future of medical waste management. Monarch Waste Technologies aims to lead the industry with innovative, cost-effective, and eco-friendly solutions that replace outdated incineration practices and contribute to a cleaner, safer, and more sustainable world.

Financial Benefits

Why Pharmaceutical &

Healthcare Providers

Choose Monarch Waste

Switching to PyroMed™ doesn't just solve your compliance problem — it saves money. Our rate structure eliminates the cost volatility and hidden fees that plague traditional incineration contracts.

Safer Than Incineration

Advanced Pyrolysis Engineering

Reduced Transportation Costs

Sustainable Waste Destruction

Regulatory Compliance Support

Scalable Microsite Infrastructure

Environmentally Responsible

Over a decade of Proven Operational History in the US

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Companies We Work With

Our Clients

We believe every client is a valuable long-term partner.

Building Sustainable Development

Building the Next

Generation of Waste

Infrastructure

Monarch Waste Technologies is creating a future where regulated medical waste can be destroyed safely, sustainably, and closer to the communities where it is generated.

Our mission is not simply to improve existing systems — but to replace outdated methods entirely with smarter, cleaner, and scientifically engineered solutions designed for the future.

Bryce May

Co-founder and Managing Partner of American Working Capital

Bryce May is a co-founder and Managing Partner of American Working Capital with over 30 years of extensive experience spanning growth capital investments, strategic acquisitions, and corporate venturing. Throughout his career, he has focused on driving corporate strategy and growth initiatives across the transportation, logistics, and industrial sectors. Prior to founding AWC, Bryce held senior roles at The Yucaipa Companies and Duff & Phelps. He currently serves on the board of Monarch Waste Technologies, among other AWC portfolio company boards.

Dan Christoffel

Founding Partner of American Working Capital

Dan Christoffel is a founding Partner of American Working Capital, bringing over 25 years of deep expertise in operational leadership and technological integration to the firm’s investments. Before AWC, he served as an investment professional at The Yucaipa Companies and as a Vice President at Duff & Phelps, where he focused on executing leveraged buyouts and corporate finance transactions within the industrials and transportation industries. Dan is highly experienced in supporting management teams to enhance operational efficiencies and implement transformative technology strategies. He currently serves on the boards of multiple AWC portfolio companies, leveraging his background to drive long-term value creation.

Jason Rosenthal

Founding Partner of American Working Capital

Jason S. Rosenthal is a founding Partner of American Working Capital and plays a central role in managing the firm’s private investments. He brings over 25 years of significant experience in finance operations and human capital management, having previously served as an investment professional at The Yucaipa Companies and in senior roles at a boutique investment bank. Jason focuses on strengthening organizational performance through financial discipline and effective talent management to support portfolio company growth. He currently serves on the board of Monarch Waste Technologies as well as other AWC portfolio companies and is actively involved in the firm’s broader industrial investment strategy.

Our Team

People Behind

Monarch Waste

David Cardenas

Founder & Chief

Executive Officer

David Cardenas is the Founder and Chief Executive Officer of Monarch Waste Technologies. With more than four decades of entrepreneurial leadership, he has dedicated his career to developing innovative environmental technologies and building successful operating companies. Since founding Monarch in 2015, David has led the development, permitting, and commercialization of the nation's first pyrolysis system approved for medical waste, while advancing additional facilities and next-generation destruction technologies. His expertise spans environmental compliance, thermal processing, facility development, and strategic growth. David continues to lead Monarch's mission of delivering innovative, compliant, and sustainable destruction solutions for the healthcare, pharmaceutical, and specialty waste industries.

Jason Walton

Chief Operating

Officer

Jason Walton serves as Chief Operating Officer of Monarch Waste Technologies, where he leads plant operations, regulatory compliance, safety, maintenance, workforce development, and operational excellence. With more than 25 years of leadership experience across the energy, manufacturing, waste-to-energy, and industrial sectors, he has built a reputation for developing disciplined, high-performing organizations. A United States Marine, Jason brings a mission-first leadership philosophy rooted in discipline, accountability, integrity, and teamwork, helping position Monarch for safe, reliable, and scalable growth.

Stephen Cruz

Vice President, Sales & Business Development

Stephen Cruz serves as Vice President of Sales & Business Development for Monarch Waste Technologies. With more than 20 years of experience in environmental services, healthcare, pharmaceuticals, maritime, logistics, and business development, he has built a career focused on helping organizations solve complex waste management and compliance challenges. Stephen leads Monarch's commercial strategy, market development, strategic partnerships, and customer engagement initiatives. His focus is on expanding Monarch's presence within the pharmaceutical, healthcare, reverse distribution, and specialty destruction markets while positioning the company as an industry leader in innovative destruction technologies.

Strategic Investment &

Advisory Partners

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Ready to Transform

Medical Waste

Management?

Discover how Monarch Waste Technologies is redefining waste destruction through advanced pyrolysis innovation.